Camila Company has set the following standard cost per unit for direct materials and direct labor. Direct materials (16 pounds @ $4 per pound) Direct labor (4 hours @ $16 per hour) $ 64 64 During June the company incurred the following actual costs to produce 8,900 units. Direct materials (144,500 pounds @ $3.80 per pound) Direct labor (39,900 hours @ $16.20 per hour) AR Actual Rate SR = Standard Rate AQ Actual Quantity SQ Standard Quantity AP Actual Price SP Standard Price (1) Compute the direct materials price and quantity variances. $ 549,100 646,380